SHANGHAI, Feb. 3 (Xinhua) -- Steel futures opened lower Wednesday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for May 2021 delivery was down 44 yuan (about 6.8 U.S. dollars) to open at 4,140 yuan a tonne.

The most active May 2021 contract for hot rolled coils, mainly used in cars and appliances, was down 27 yuan to open at 4,307 yuan a tonne